Gaining an Edge over the Forex game of Mind, Money, & Wealth
Monday, March 13, 2006
Goes Bob 13:13 GMT March 13, 2006
van Gecko OK ... it will be a pleasure for me to watch during action the USD bull camp that you run (I will not dare to tell you cheer leading, you get VIP treatment!) ... if 1.10 comes before 1.25 then you are the one! ... good luck and best of trades!
van Gecko 12:49 GMT March 13, 2006
Goes Bob 07:34 GMT .. not sure about "traders as source" for anything other then some biased diversional 'BS' (not to be confused with Buy & Snooze).. but then again inorder to have any entertaining value, the BS should have some imagination & originality apart from posting daily chart noise updates.. have a nice one
Goes Bob 07:34 GMT March 13, 2006
Gecko & nt ... good morning! ... LOL ... traders as source for heavy political issue? ... traders as source for chart other than 5mins? ... traders as source about central banks? ..
hong kong nt 07:26 GMT March 13, 2006
How about ...
re. "EUR Reweighting/Diversification talk.."
after shedding 1000 pips from 1.1800, looks like more rumors from impatient euro bulls hoping to prevent it from falling below the 1.0800 level permanently & having to wait another 10 months for a lighter weighted euro down at 0.9800 to do another round of "Reweighting/Diversification".. cheerios
van Gecko 07:19 GMT March 13, 2006
re. "EUR Reweighting/Diversification talk.."
after shedding 1000 pips from 1.2800, looks like more rumors from impatient euro bulls hoping to prevent it from falling below the 1.1800 level permanently & having to wait another 10 months for a lighter weighted euro down at 1.0800 to do another round of "Reweighting/Diversification".. cheerios
Dow Jones flashback; "05:51 GMT May 10, 2005
0550 GMT [Dow Jones] Asian, Russian central banks rumored still shifting their reserves out of USD into EUR, providing support for latter, traders say. These central banks "are said to be buying the euro around 1.2800 (to USD), preventing it from falling below that level permanently""
Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
van Gecko OK ... it will be a pleasure for me to watch during action the USD bull camp that you run (I will not dare to tell you cheer leading, you get VIP treatment!) ... if 1.10 comes before 1.25 then you are the one! ... good luck and best of trades!
van Gecko 12:49 GMT March 13, 2006
Goes Bob 07:34 GMT .. not sure about "traders as source" for anything other then some biased diversional 'BS' (not to be confused with Buy & Snooze).. but then again inorder to have any entertaining value, the BS should have some imagination & originality apart from posting daily chart noise updates.. have a nice one
Goes Bob 07:34 GMT March 13, 2006
Gecko & nt ... good morning! ... LOL ... traders as source for heavy political issue? ... traders as source for chart other than 5mins? ... traders as source about central banks? ..
hong kong nt 07:26 GMT March 13, 2006
How about ...
re. "EUR Reweighting/Diversification talk.."
after shedding 1000 pips from 1.1800, looks like more rumors from impatient euro bulls hoping to prevent it from falling below the 1.0800 level permanently & having to wait another 10 months for a lighter weighted euro down at 0.9800 to do another round of "Reweighting/Diversification".. cheerios
van Gecko 07:19 GMT March 13, 2006
re. "EUR Reweighting/Diversification talk.."
after shedding 1000 pips from 1.2800, looks like more rumors from impatient euro bulls hoping to prevent it from falling below the 1.1800 level permanently & having to wait another 10 months for a lighter weighted euro down at 1.0800 to do another round of "Reweighting/Diversification".. cheerios
Dow Jones flashback; "05:51 GMT May 10, 2005
0550 GMT [Dow Jones] Asian, Russian central banks rumored still shifting their reserves out of USD into EUR, providing support for latter, traders say. These central banks "are said to be buying the euro around 1.2800 (to USD), preventing it from falling below that level permanently""
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Trading is not an exact science contrary to the popular belief of most new or inexperience traders.. In trading, we must allow for some margin of errors within our defined risk & trading time frame.. allowing for this margin of error under the constraint of trading in micro time frames with stops & profit targets all inside a small fluctuating market noise band in hope of achieving consistent profits over time is very difficult, if not impossible.. as whenever we are right, we are only small right within the confine of the small P/L band which limit our odds to playing for break even at best over time.. Trading longer time frames allows for a wider margin of error but at the expenses of increased risk.. however, the odds of being right & achieving consistent profits over time are enhanced when good market analytic & trade management strategies are applied under the proper market bias.. When we are right, we need to ensure that we are bigger right over an expanded profit band in-order to compensate for those times when we are wrong..
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